Manitowoc Beats By A Penny
Manitowoc Co. Inc. (NYSE:MTW) has reported an adjusted EPS of 14 cents in the fiscal 2011 fourth quarter, compared with 10 cents in the year-earlier quarter. EPS in the quarter beat the Zacks Consensus Estimate by a penny. Total revenue during the quarter increased 24.5% year over year to $1034.5 million, driven by sales improvement [...]
Manitowoc Co. Inc. (NYSE:MTW) has reported an adjusted EPS of 14 cents in the fiscal 2011 fourth quarter, compared with 10 cents in the year-earlier quarter. EPS in the quarter beat the Zacks Consensus Estimate by a penny.
Total revenue during the quarter increased 24.5% year over year to $1034.5 million, driven by sales improvement in both the business segments. Revenue in the quarter was ahead of the Zacks Consensus Estimate of $978 million.
Costs and Margins
Costs of goods sold increased to … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards